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Nov 29, 2012
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hga is a very defensive stock. unlike retail reits, it's levered to a sector health care that just does fine when the economy goes in recession. look, it's a real possibility if you go off the cliff. >>> plus a limited supply of medical office space. this is a nice, steady business. let's take a closer look with scott pierce. mr. peters, welcome to "mad money" so much. >> thank you for having me. >> i try all the time to find companies that might be beneficiaries of the affordable health care act. i stumbled on you guys. you're the one? >> we think we are. we've been fort. health care systems are now running like businesses. with 30 to 40 million more insured coming up, you this need a most affordable location to off those services. those are mlbs, they're on campus, and jim, i think over the next 10, 20 years there will be core critical real estate. >> most of them are in crowded fields. the hotels divvied up, a lot of retail space. this is a $250 billion sector. you seem like you're just scratches the surface. >>
hga is a very defensive stock. unlike retail reits, it's levered to a sector health care that just does fine when the economy goes in recession. look, it's a real possibility if you go off the cliff. >>> plus a limited supply of medical office space. this is a nice, steady business. let's take a closer look with scott pierce. mr. peters, welcome to "mad money" so much. >> thank you for having me. >> i try all the time to find companies that might be beneficiaries...
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Nov 29, 2012
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the defense spending is one of the tricky areas here for republicans. they would like to see spending cuts across the board, but they don't necessarily want to see the extreme spending cuts in defense that we're going to see as part of the so-called sequester. so anything that can be done to bring republicans on board in terms of less cuts in defense spending would be a good thing. but clearly this proposal as it stands right here, at least according to "the wall street journal's" republican sources, is probably not one that's going to be the shape of a final deal. this is part of an overall negotiation. paper changing hands back and forth. this is the biggest poker game in the history of the world. >> what's your sense in what the gop's next move might be? >> i think they're calling for specific spending cut announcements from the democrats. you saw john boehner come out very almost angry about the fact that he says that democrats haven't given him any of those specific cuts. i think they might sit pat until they see some of these cuts coming in. the r
the defense spending is one of the tricky areas here for republicans. they would like to see spending cuts across the board, but they don't necessarily want to see the extreme spending cuts in defense that we're going to see as part of the so-called sequester. so anything that can be done to bring republicans on board in terms of less cuts in defense spending would be a good thing. but clearly this proposal as it stands right here, at least according to "the wall street journal's"...
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Nov 26, 2012
11/12
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he will remain defense chief until after the next set of elections. right now it's time for today's edition of the global markets report. european stocks having a pretty good week last week we are weighted to the down side after that good week. dean klein ye 7:2 at the moment, but not a bad week at all. ftse up nearly 4% last week, up 5% for the dax, 5.6% for the cac. ftse down a third, spanish yields pretty low reading. well away i suppose from the 6% mark is what i'm saying. ten year bund yields 1.4 p. we've seen the dollar index just down on a three week low at the moment. plenty of focus on yen. dollar-yen 81.98. pulling away from the 7 1/2 month high. aussie dollar back over 1.04. sterling-dollar just on the 1.60 marks as you can see. that's where we stand in europe. let's check in on the asian trading session for the first time this week. >> mixed trade here in asia. investors cautious ahead of the eurozone finance ministers meeting. but the nikkei continued to push higher as exporters gained on the yen's weakness. troubled electronics firm surg
he will remain defense chief until after the next set of elections. right now it's time for today's edition of the global markets report. european stocks having a pretty good week last week we are weighted to the down side after that good week. dean klein ye 7:2 at the moment, but not a bad week at all. ftse up nearly 4% last week, up 5% for the dax, 5.6% for the cac. ftse down a third, spanish yields pretty low reading. well away i suppose from the 6% mark is what i'm saying. ten year bund...
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Nov 21, 2012
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we spend seven times the amount in defense than the top seven countries in the world, including china. the tax code needs to be revamped. the whole idea of social security. and they're going on vacation. we're talking about a huge, huge dent in the society that we live in today. i don't think people really appreciate the sense of urgency or understand what they do. >> i don't think -- it seems like washington doesn't. i think what mario said, linking it to hurricane sandy, if the governors went away during this crisis, we would all be upset. let me switch gears and ask you about hurricane sandy. big hit to the insurance industry. tell me what you're seeing. is there an impact on willis? how does the cost element play out? >> right after it happened, i said that i thought that the impact would be $30 billion to $50 billion of insurance capacity. everybody was at 5 to 15. now everyone is around 20 to 25. i think at the end of the day, it will be closer to 30. what's happening here is that the property gets hit first, but then as time goes on, what gets hit after that is business interru
we spend seven times the amount in defense than the top seven countries in the world, including china. the tax code needs to be revamped. the whole idea of social security. and they're going on vacation. we're talking about a huge, huge dent in the society that we live in today. i don't think people really appreciate the sense of urgency or understand what they do. >> i don't think -- it seems like washington doesn't. i think what mario said, linking it to hurricane sandy, if the...
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Nov 21, 2012
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dave cote from honeywell, the guy who runs the defense sector there -- >> is he french now? >> no, what's his name? >> very sophisticated. >> they were talking about how defense has to be cut and i think that's an important statement. i think this whole thing starts with the defense cuts and everything else will fall in line. i do think we'll get some resolution on this, whether it spills into the new year doesn't matter. i think everybody is preparing for the imminent tax hike anyway. it's just going to come. on the issue of dividends and capital gains, that will be hung out there, will we go up to the ordinary, i don't think so. i think it will be some compromise. it's not that i'm hoping that, but i think that there will be. >> does it matter if we -- so we cave. we're afraid, we don't want anything bad to happen. so we're going to raise some taxes. we're going to cave, but we're not going to really cut spending, we don't want to hurt anyone. this is what we do and no one could fail. you know, a couple years ago -- is it bad that we don't take our medicine now that we hav
dave cote from honeywell, the guy who runs the defense sector there -- >> is he french now? >> no, what's his name? >> very sophisticated. >> they were talking about how defense has to be cut and i think that's an important statement. i think this whole thing starts with the defense cuts and everything else will fall in line. i do think we'll get some resolution on this, whether it spills into the new year doesn't matter. i think everybody is preparing for the imminent...
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Nov 27, 2012
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want to reduce defense procurement by 15%, they want to reduce overseas bases by 30%, a huge number. that would save just 8.5 billion. they want to freeze dod compensation for three years saving 5.3 billion. and then on the domestic side, they would reduce the congressional and white house budgets by 15% and as appealing that is sounds to most americans it is only going to save about 0.8 billion. they would cut the federal workforce by 10s for 13.2 billion and slow the growth of foreign aid. so brian, as you can see here, there are a lot of tough choices that have to be made on the spending side but to get to these big numbers have do a lot of ones and twos, going through the federal budget line by line. >> yeah, we need an excess inventory of come mass, i think, these numbers are very, very large, eamon. >> the president mading with small business, so are we, part part of the rise above campaign and the road trip, the cities we're going to, have you noticed, also sitting down with small business owners, we want to hear from them directly how they are doing what they are concerned ab
want to reduce defense procurement by 15%, they want to reduce overseas bases by 30%, a huge number. that would save just 8.5 billion. they want to freeze dod compensation for three years saving 5.3 billion. and then on the domestic side, they would reduce the congressional and white house budgets by 15% and as appealing that is sounds to most americans it is only going to save about 0.8 billion. they would cut the federal workforce by 10s for 13.2 billion and slow the growth of foreign aid. so...
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Nov 29, 2012
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that means republicans like myself who believe in a strong national defense have to admit that not every dollar spent on the military is wisely spent or frugally spent and we'll have to compromise there. the liberals will have to admit the same for domestic spending, entitlement and welfare. if both sides compromise then we can reduce spending. spending is at 25% of gdp now. just four years ago it was at 20% of gdp. this is a spending problem. the only way in which it's a revenue problem is that we're in the midst of a recession. because the recession, revenue is down. but if you raise tax rates, it's not a given that you'll get more revenue. you may well get less revenue with higher rates and you may well hurt the economy further which makes revenue even worse. >> yeah. on a framework itself, you've been asked recently if you think we'll get one. you said we would get one, but it would be big, bad and ugly. what do you mean by that? >> at the end of the year, a lot of people want to go home so they stuff a lot of things that have to be done into one big, bad, ugly bill and it gets passe
that means republicans like myself who believe in a strong national defense have to admit that not every dollar spent on the military is wisely spent or frugally spent and we'll have to compromise there. the liberals will have to admit the same for domestic spending, entitlement and welfare. if both sides compromise then we can reduce spending. spending is at 25% of gdp now. just four years ago it was at 20% of gdp. this is a spending problem. the only way in which it's a revenue problem is...
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Nov 28, 2012
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there's got to be fat in the defense industry. >> what about aetna who says this is going to lead to layoffs to the point where it increases their medical costs. so they're going to lay off people. >> we should introduce our nobel laureate. >> we do have a nobel laureate at the table. robert engel is a nobel laureate in economics who won the prestigious award in 2003 for his work analyzing volatility. he's also a professor of finance at nyu's school ofs. while we have you, do you have views on the fiscal cliff? >> you know, the fiscal cliff is on everybody's radar, but i think it's not the only thing that needs to be on our radar because i think that the situation in europe could actually turn out to be just as damaging for the u.s. economy as the fiscal cliff. >> is that a picture of us if we don't handle our problems here too? is that the ghost of the future? >> i think in both cases, we're talking about politics getting in the way of economics. i think the fiscal cliff could be dealt with exactly as you said. if the politics weren't such a big issue, this could be solved. >> so wh
there's got to be fat in the defense industry. >> what about aetna who says this is going to lead to layoffs to the point where it increases their medical costs. so they're going to lay off people. >> we should introduce our nobel laureate. >> we do have a nobel laureate at the table. robert engel is a nobel laureate in economics who won the prestigious award in 2003 for his work analyzing volatility. he's also a professor of finance at nyu's school ofs. while we have you, do...
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Nov 21, 2012
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overnight, israeli defense forces attacked again about 100 targets in the gaza strip. today, the militants within the gaza strip have launched about 30 rockets into israel, so the violence continues, even though we seem to be getting more and more people involved in making a cease fire come to a conclusion and end this violence as we begin this second week of this conflict. ross? >> thank you for that. we'll talk to you a little bit later. chapman bell from tel aviv. >>> officials from six world powers are meeting in brussels to plan for a possible new round of talks with iran to avert the threat of a military conflict. also, japan's trade deficit has widened, exacerbated by territorial tensions. now we have the details from tokyo. >> reporter: hi, ross. japan's finance ministry reported a bigger than expected trade deficit of $6.7 billion for october. that's a record for the month and marked the fourth straight month of red ink in japan's trade account. exports fell 6.5% on the year to $62.8 billion for the fifth month in a row. car exports fell 12% with shipments to
overnight, israeli defense forces attacked again about 100 targets in the gaza strip. today, the militants within the gaza strip have launched about 30 rockets into israel, so the violence continues, even though we seem to be getting more and more people involved in making a cease fire come to a conclusion and end this violence as we begin this second week of this conflict. ross? >> thank you for that. we'll talk to you a little bit later. chapman bell from tel aviv. >>>...
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Nov 29, 2012
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samsung may have found a way to get a leg up defense japanese rivals on on the digital camera front. cheri has the details from seoul. >> yeah, samsung today took the wraps off its new android powered digital camera. the camera that has a smart phone like tendencies allows users to upload their photos to their favorite social networking site wirelessly. that means you can connect without hooking it up to a computer. this may not be a break through technology, but remember, samsung is getting serious about its digital camera business when it merged its digital imaging business under its mobile umbrella. analysts say they expect a huge smart phone style marketing blitz that will in the words of samsung's mobile division chief, quote, open a new channel in visual communications. it is big business. the sector is expected to be worth $46 billion by 2017. back to you. >> thanks very much for that. staying with cameras, will i ahmadinejam is in london to launch his first product. it's designed to turn your iphone into a super camera. the man himself has been showing off the gadget. >> i th
samsung may have found a way to get a leg up defense japanese rivals on on the digital camera front. cheri has the details from seoul. >> yeah, samsung today took the wraps off its new android powered digital camera. the camera that has a smart phone like tendencies allows users to upload their photos to their favorite social networking site wirelessly. that means you can connect without hooking it up to a computer. this may not be a break through technology, but remember, samsung is...
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Nov 23, 2012
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we don't know what the defense is here in terms of mr. martoma and his lawyer, do we? >> we don't. we have strong bullish language from charlie in favor of his client. we also have a fact that the feds have been trying for years to build a case against a higher up at s.a.c., probably cohen based on what we hear as of this week. so far it hasn't worked out. the other interesting tidbit from the other day, the journal reported there was a wiretap placed on one of steve cohen's phones sometimes around the time of this sale of this insider trading allegedly driven position. there was a two-week wiretap of cohen's phones. we don't know whether that wiretap was present when the key conversation was had with martoma or not. if you read the complaint, there's very little detail about that pivotal conversation. we really don't -- it's possible they're not showing their full hand them have more that we haven't seen. it's possible that they don't have a lot of case tying cohen to insider trading allegations. >> kate kelly, thanks so much for that report. >>> let's head back to headquarters an
we don't know what the defense is here in terms of mr. martoma and his lawyer, do we? >> we don't. we have strong bullish language from charlie in favor of his client. we also have a fact that the feds have been trying for years to build a case against a higher up at s.a.c., probably cohen based on what we hear as of this week. so far it hasn't worked out. the other interesting tidbit from the other day, the journal reported there was a wiretap placed on one of steve cohen's phones...
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Nov 29, 2012
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i think a chunk of that was going to be defense. a big chunk is not a defense. the 2.7 i don't think is sustainable in and of itself. before this number came out, the government had added 0.7 to the total 2% that was out there. so this 9.5%. it could be something of a rebound. it's not a sustainable way to do it. you have slight skpoerts. inventis added something compared to last time. but look at the internals. i think rick gave us 2% down to 1.4 was the revision in consumer spending. something to watch. now, i'm not sure that that number -- the real number, the underlying trend is quite as weak as that but it's not going to be a whole long stronger than the original print. then you look at the numbers. what really should trouble you is the business investment numbers which are down 2.2%. if you could see a rebound in that, now maybe, joe, this is what you're talking about. you get a situation where businesses start to spend and then you can start to sense it. >> steve, we had volcker -- we did this interview with volcker and the thing that they always do wrong
i think a chunk of that was going to be defense. a big chunk is not a defense. the 2.7 i don't think is sustainable in and of itself. before this number came out, the government had added 0.7 to the total 2% that was out there. so this 9.5%. it could be something of a rebound. it's not a sustainable way to do it. you have slight skpoerts. inventis added something compared to last time. but look at the internals. i think rick gave us 2% down to 1.4 was the revision in consumer spending....
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Nov 21, 2012
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is not a risk on trade, put up some of the sector gainers and you'll see, housing, gold, cyclical, defense and there's the cbo golds index, too. this is all risk on trades here, so the market is giving a breather. i spent some time today calling around to traders saying when is going to be the cliff you're worried about. when are you going to stop selling rather than the buying that's been going on. here is the sense i got from people. number one, congress has got a two-week good will period. that seems to be the consensus of most of the traders. a for the next two weeks, her l essentially, congress can negotiate a deal. the markets are going to be nervous if there's no indication of a deal by the week of december 10th. that's about the cut off where most say if we don't see an indication, we're going to get nervous. not priced in at all is no deal. going over the fiscal cliff, that is not priced in at all into the markets and everyone says we'll see a big, steep drop off. what do they need? i asked traders, what's the down payment of the deal. there's three or four elements. this is the m
is not a risk on trade, put up some of the sector gainers and you'll see, housing, gold, cyclical, defense and there's the cbo golds index, too. this is all risk on trades here, so the market is giving a breather. i spent some time today calling around to traders saying when is going to be the cliff you're worried about. when are you going to stop selling rather than the buying that's been going on. here is the sense i got from people. number one, congress has got a two-week good will period....
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Nov 26, 2012
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and international, so the fiscal cliff and everybody talks about the dra coneon armageddon with defense contractors that's not us. our government is state, local, homeland security. >> do you expect google to make handsets five years from now? >> very, very tough business. mobility lost 530 million last quarter. i think it's a tough road. there's room for apple and samsung and maybe one other player. tough. i'm glad we got out of the business and are focused on what we're doing. last point on fiscal cliff, it's not about ideology and not about -- >> oh yes it is. >> it's about making a deal, not a point. i'm optimistic we can do it. >> you should get into the censor business. >> thank you for being here. we really appreciate it. >>> coming up, crunch time for retailer, we'll get a cyber monday report from power retailers. d to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small siz
and international, so the fiscal cliff and everybody talks about the dra coneon armageddon with defense contractors that's not us. our government is state, local, homeland security. >> do you expect google to make handsets five years from now? >> very, very tough business. mobility lost 530 million last quarter. i think it's a tough road. there's room for apple and samsung and maybe one other player. tough. i'm glad we got out of the business and are focused on what we're doing....
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Nov 28, 2012
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democrats don't seem to favor lowered defense budget and favor higher taxes for the rich and so we're done. i think we're done. >> after durbin speoke yesterda, if you're going to get a blueprint, he doesn't want entitlements be part of it for next year. >> it's the 1,000-point solution. maybe that will change their mind. durbin said no. norquist is saying no tax increase. what else is there? am i missing something? what am i missing? blankfe >> stallen made a lot of sense. mass murderer about you doesn't mean he didn't make sense. >> blankfein, kent, mayer, roberts of comcast. is there anything these guys can say to change their tune? to get people -- >> we're just past thanksgiving. let's give it a little time. things can change. we've seen lots of back and forth. everybody is establishing their negotiating position. there's still a negotiation to come in some way. i'll take the optimistic view. >> maybe that's where they are starting from. >> a reset button? >> we have yet to get in there and see whether in fact there can be the ability to knock heads around and really figure somet
democrats don't seem to favor lowered defense budget and favor higher taxes for the rich and so we're done. i think we're done. >> after durbin speoke yesterda, if you're going to get a blueprint, he doesn't want entitlements be part of it for next year. >> it's the 1,000-point solution. maybe that will change their mind. durbin said no. norquist is saying no tax increase. what else is there? am i missing something? what am i missing? blankfe >> stallen made a lot of sense....
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Nov 25, 2012
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temp males heavily redacted have been released by the defense department. a few days earlier that strike group commander had asked another officer do i need any special religious certificate remonth niall preparations. after bin laden's burial at sea an admiral describes the scene. traditional procedures were followed. his body was washed and placed in a white sheet. the body was placed in a weighted bag. a military officer read prepared religious remarks which were translated in to arabic by a native speaker. after the words were complete the body was placed on a prepared flat board, tipped up, where upon the deceased's body slid into the sea. according to the emails there aren't many witnesses. in response to the question any sailors watched the burial the heading of one e-mail says burial no sailors watched and another says only a small group of the leadership was informed. less than as to total. another indication of the skrecy of that part of the mission, an e-mail from the top admiral to general mullen. the paucity of documentary evidence in our posse
temp males heavily redacted have been released by the defense department. a few days earlier that strike group commander had asked another officer do i need any special religious certificate remonth niall preparations. after bin laden's burial at sea an admiral describes the scene. traditional procedures were followed. his body was washed and placed in a white sheet. the body was placed in a weighted bag. a military officer read prepared religious remarks which were translated in to arabic by a...
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Nov 26, 2012
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new overnight israeli defense minister ehud barak is resigning his post. he says he is quitting politics. he says it's to spend more time with his family. he will leave his post in january. ehud barak's resignation comes less than two weeks after israel launched an all-out strike on hamas military positions in the gaza strip, saying it could no longer tolerate the constant rocket attacks by hamas on his israeli territory. >>> the filmmaker behind "innocence of muslims" the crude anti-muslim short film that ignited protests in the islamic world says he has no regrets about making the film. in written responses, he also told "the new york times" he had no regrets about how he treated the cast, saying they signed contracts that did not prevent changes in the script. in addition the deadly protests the film also read to nakoula's arrest for providing supervised release on a friday conviction. he is currently serving time in jail in los angeles. >> human error is to blame for last week's gas explosion at a strip club in springfield, massachusetts. at least 21 p
new overnight israeli defense minister ehud barak is resigning his post. he says he is quitting politics. he says it's to spend more time with his family. he will leave his post in january. ehud barak's resignation comes less than two weeks after israel launched an all-out strike on hamas military positions in the gaza strip, saying it could no longer tolerate the constant rocket attacks by hamas on his israeli territory. >>> the filmmaker behind "innocence of muslims" the...
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Nov 21, 2012
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>> they met about two hours with netanyahu, the defense minister, foreign minister, national security team. they spent two hours, the statement released by the state department says she was briefed on the israeli position of all issues. she wants to see a deescalation of what's going on, she uses the word a calm. they are avoiding the word cease-fire for right now throughout the day, there is speculation coming from hamas and egyptian officials that they were close to a cease-fire. israelis downplaying the possibility. saying they weren't there until they actually had an agreement. no agreement, and if anything, it looks like there was an intensification of the shelling of southern israel today by hamas and an intelligence fiction of israeli attacks in gaza, witnessed by what happened to you guys what you saw over the past hour or two in gaza city. the negotiations will continue tomorrow, hillary clinton as you point out, going to ramallah to meet with palestinian authority leaders and going to cairo to meet with mohamed morsi. i wouldn't be surprised based on what i'm hearing if ther
>> they met about two hours with netanyahu, the defense minister, foreign minister, national security team. they spent two hours, the statement released by the state department says she was briefed on the israeli position of all issues. she wants to see a deescalation of what's going on, she uses the word a calm. they are avoiding the word cease-fire for right now throughout the day, there is speculation coming from hamas and egyptian officials that they were close to a cease-fire....
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Nov 24, 2012
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this is the kind of guy that could put democrats on the defensive. >> he would give us a whole lot more competition than mitt romney did, but that's not saying much. jeb bush absolutely i think is a tremendous leader when it comes to the issues that are important to latinos for example, immigration and education. he's got a very good name i.d. among latino voters. he does have a mexican wife, is fluent in spanish. is very comfortable, the same way his brother is, around latinos. but i think the problem for jeb bush is absolutely his name sake. his legacy. and you know, i know that a lot of people might be sick of legacies and people are talking about hillary clinton in 2016, but if it is, for example, hillary clinton and jeb bush in 2016, a lot of voters are going to think back to the last bush and the last clinton and make a comparison and that's not a comparison that jeb bush will win. >> just because i can't stand talking about 2016 yet. let's talk about the senate race in 2014. senators mcconnell, graham, cornyn, chambliss are thought to be vulnerable to the tea party. republicans h
this is the kind of guy that could put democrats on the defensive. >> he would give us a whole lot more competition than mitt romney did, but that's not saying much. jeb bush absolutely i think is a tremendous leader when it comes to the issues that are important to latinos for example, immigration and education. he's got a very good name i.d. among latino voters. he does have a mexican wife, is fluent in spanish. is very comfortable, the same way his brother is, around latinos. but i...
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Nov 22, 2012
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-funded defense shield that kept dozens of rockets from hitting israeli civilians. the counter point to that is ironic. hamas emerges a a big winner from this conflict and its truce. >> hamas has emerged stronger. it's consolidated control over gausa. they may yet manage to get an easing of the blockade if a more presence e deal welcome back done. >> look what they've accomplished. they, rather than abbas, has put the palestinian issue back on the international stage. >> reporter: that brings us to those that have lost much in this conflict. mahmoud abbas and his fatah faction. the palestinian leaders were supposed to be the moderate peace brokers. now they can't even claim to speak for all palestinians and proved they have no leverage with hamas, their arch-rival. >> this is not a good outcome for abbas and the two-state solution. >> always a player, riran's han is arguably weaken the. iron dome shot hundreds of missiles out of the sky. what if israel attacks iran? can it still call on hamas to retaliate? in one week with one truce allies and enemies in the region
-funded defense shield that kept dozens of rockets from hitting israeli civilians. the counter point to that is ironic. hamas emerges a a big winner from this conflict and its truce. >> hamas has emerged stronger. it's consolidated control over gausa. they may yet manage to get an easing of the blockade if a more presence e deal welcome back done. >> look what they've accomplished. they, rather than abbas, has put the palestinian issue back on the international stage. >>...
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Nov 27, 2012
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say defense should be cut. i think that you're not going to get a 50/50 compromise here. you get a 50/50 whether both sides are equal from the american people. the republicans are far from the american people. the democrats are right there. super majorities say hands off medicare and social security and defense spending should be cut. there's less pressure on democrats to give away the store here. >> gloria, didn't the president when he tried that deal with john boehner that didn't work out, didn't he agree to significant cuts in medicare? >> he did. there were almost there once before. there are different stories about who moves the goalposts in that negotiation. if i were the president and i were going to van, i would say, look, this president has an opportunity right now to shape the future of american budgets. the blueprint for the american economy and for american spending priorities for a decade to come in this particular deal. if i were the president, i would say, look, it's not going to be perfect, but
say defense should be cut. i think that you're not going to get a 50/50 compromise here. you get a 50/50 whether both sides are equal from the american people. the republicans are far from the american people. the democrats are right there. super majorities say hands off medicare and social security and defense spending should be cut. there's less pressure on democrats to give away the store here. >> gloria, didn't the president when he tried that deal with john boehner that didn't work...
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right before the conflict started, you visited one of israel's largest defense manufacturers and you got an exclusive and pretty neat look at one of the country's most valuable resources, the drone. so why do israelis feel they need to keep drones in the air at all times? >> these drones are these unmanned piloted systems. so essentially it's cheaper for them to do this, and they were there before the conflict and they are going to remain after the conflict and the number one reason i could tell you, martin, is surveillance. these are these high-tech equipment and they have great surveillance capabilities. we went to a place near the israeli aerospace industries where they build the cameras they put inside the drone. the amount of surveillance they're able to do, especially in such a fragile situation, i spoke to an engineer where they handcraft the cameras. he said you can see if someone is carrying a stake or a weapon. i could see your shoes from miles and miles away. that's becoming increasingly important and it's cheaper for them to do it. they don't have to put a pilot in them.
right before the conflict started, you visited one of israel's largest defense manufacturers and you got an exclusive and pretty neat look at one of the country's most valuable resources, the drone. so why do israelis feel they need to keep drones in the air at all times? >> these drones are these unmanned piloted systems. so essentially it's cheaper for them to do this, and they were there before the conflict and they are going to remain after the conflict and the number one reason i...
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two hit open areas and the third was intercepted by the iron dome missile defense system. if everything remains this relatively quiet until 2:00 eastern this afternoon, the gaza border crossings will open. rallies opened in the streets as they celebrated what they call a victory over israel. the prime minister says he's dedicated the victory to that man, ahmed al ja'abari, killed in that air strike. as you know, that air strike inciting the fighting. hopeful that the cease fire will hold? >> reporter: the longer it does hold, as each hour goes by, people do grow more hopeful it will, in fact, be sustained. people are very aware that at this point in time it is still a very short-term solution as the looming issue of a long-lasting peace deal does still remain elusive. for the first time since this all began last wednesday, we are not seeing deserted streets in gaza. we're not hearing air strikes, various artillery rockets being fired in the distance, not hearing the wail of sirens. quite the contrary. people were in the streets since the cease fire was first announced last
two hit open areas and the third was intercepted by the iron dome missile defense system. if everything remains this relatively quiet until 2:00 eastern this afternoon, the gaza border crossings will open. rallies opened in the streets as they celebrated what they call a victory over israel. the prime minister says he's dedicated the victory to that man, ahmed al ja'abari, killed in that air strike. as you know, that air strike inciting the fighting. hopeful that the cease fire will hold?...
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Nov 21, 2012
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>> i have said more than once, our whole military operation was defensive. it was designed to bring peace and quiet to israel citizens in the south who were on the receiving end of those rockets. if there's no hostility from gaza, there's no reason for israel to act. >> do you have assurances that hamas is now going to completely stop not only the rockets and the missiles, but the artillery or -- israeli soldiers won't be -- >> the understanding we've reached against the egyptians with the sponsorship of the united states say clearly a total and complete cessation of all hostile activity initiated in the grauz strip, and that's very important. approximate t means that means no rockets on israeli cities, no shooting at israeli farmers from across the border. total and complete quiet. this -- these arrangements, for us that's victory, because that's what we wanted. we wanted the whole operation was designed to protect our people, to free them from their constant fear of incoming rocket launches by hamas and gaza. what if they get engaged and target cease-fire?
>> i have said more than once, our whole military operation was defensive. it was designed to bring peace and quiet to israel citizens in the south who were on the receiving end of those rockets. if there's no hostility from gaza, there's no reason for israel to act. >> do you have assurances that hamas is now going to completely stop not only the rockets and the missiles, but the artillery or -- israeli soldiers won't be -- >> the understanding we've reached against the...
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they're sending an advance team to look at the situation, saying it would only be used defensively. but i see this conflict in some ways migrating towards turkey. today we had thousands of people -- >> last thing turkey wants. >> well, know, it is what is happening because some of the aid for the rebels is coming through there. they now have bases with these patriot missile batteries used to protect the rebel bases there inside syria, but on the border with turkey. got the russians with a warship in the mediterranean. the u.s. has warships in the mediterranean. all of this says to us that this situation is coming to a peak or least our military and intelligence leaders think it is coming to a peak. you have two task forces there and both of them are saying, the americans are saying we are doing this in case we have to evacuate our civilians and the russians are saying exactly the same thing. >> something has to happen. jim clancy, thank you. >>> he was on the run for 14 years. until now. how the feds just caught one of america's most wanted fugitives. >>> plus, not even a week after
they're sending an advance team to look at the situation, saying it would only be used defensively. but i see this conflict in some ways migrating towards turkey. today we had thousands of people -- >> last thing turkey wants. >> well, know, it is what is happening because some of the aid for the rebels is coming through there. they now have bases with these patriot missile batteries used to protect the rebel bases there inside syria, but on the border with turkey. got the russians...
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, even angry defense of susan rice. but another meeting that susan rice had today was with senator bob corker of tennessee. yesterday he told reporters in the hallways that he thought she would be a better democratic committee chair than secretary of state. he was very careful not to say one way or the other how he would vote if she were nominated. but he did say a warning for the president. >> i would just ask that the president step back away from all of the buzz around this particular situation and take a deep breath and decide who is the best secretary of state for our country at this time when we have so many issues to deal with. >> reporter: the point that he made is that he and other senators view the role of secretary of state differently from other cabinet posts where traditionally senators tend to give senators the benefit of doubt that they could have whomever they want in their cabinet when they seat the secretary of state differently. another point of controversy in these meetings that susan rice has been h
, even angry defense of susan rice. but another meeting that susan rice had today was with senator bob corker of tennessee. yesterday he told reporters in the hallways that he thought she would be a better democratic committee chair than secretary of state. he was very careful not to say one way or the other how he would vote if she were nominated. but he did say a warning for the president. >> i would just ask that the president step back away from all of the buzz around this particular...
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our operation was purely defensive. our goal was to protect our people so that the population of southern israel would not have to live in daily fear of an incoming rocket. we didn't want this operation. it was forced upon us by hamas' aggressive action. i hope that these understandings reach with egypt and the good office of the united states as well. and we should thank the american government will hold and we get peace. that's good for israel. that's also good for gaza. >> mark regev, thank you for joining me. >> my pleasure, sir. >> i want to turn to the other side. welcome to you, sir. how much of a concern is it to you that abas had very little to do with this cease-fire being broken? in fact, nothing, we understand. >> no, i hope the americans will not fall into another mistake. palestine and the palestine question is indivisible. gaza is part of the palestinian territory. they are part of the palestinian people. and the question of palestinian leadership is authentic. the people elected the leader of the palesti
our operation was purely defensive. our goal was to protect our people so that the population of southern israel would not have to live in daily fear of an incoming rocket. we didn't want this operation. it was forced upon us by hamas' aggressive action. i hope that these understandings reach with egypt and the good office of the united states as well. and we should thank the american government will hold and we get peace. that's good for israel. that's also good for gaza. >> mark regev,...
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. >> they lost their key defense chief also. there was another player the past few days. mohamed morsi. he's largely credited by the u.s. for helping the ceasefire happen. he did something extraordinary overnight. he gave himself some new administrative powers which makes all his rulings immune from any kind of legal challenges. some people are saying this is just the next step of becoming more of a dictator here. was he taking advantage of the situation? >> well, we'll have to watch this closely. it appears the timing is curious. he's gotten the support and this bump particularly for his role in mediating the ceasefire from the united states and from others. he's seen as emerging stronger from this. this goes back to a time when egypt was appointed by mubarak and a check on the executive branch. what he said this is temporary. until the have a constitution, a temporary step. so we'll have to see if anything looks like it's being put into place permanently, could be a big problem for democracy. >> thanks to stuart holliday from the united nations. hmm, it says here that c
. >> they lost their key defense chief also. there was another player the past few days. mohamed morsi. he's largely credited by the u.s. for helping the ceasefire happen. he did something extraordinary overnight. he gave himself some new administrative powers which makes all his rulings immune from any kind of legal challenges. some people are saying this is just the next step of becoming more of a dictator here. was he taking advantage of the situation? >> well, we'll have to...
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we visited the country's biggest defense manufacturer, israel defense ministries owned by the israel government and do $3.5 billion in annual sales. of that about a quarter goes to the israeli ministry of defense. they make one of israel's most valuable tools. >> we can see the position. >> reporter: the unmanned aerial vehicles are planes without pilots and here they are operated with the click of a mouse. >> sometimes you just need to get footage. and this is something that is better to be done by an unmanned capability. >> reporter: some uav service surveillance tools and others carry weaponenry. here's how they work. >> the flying we detract and i'm actually just commanding the direction and speed and altitude. and then the uav will follow my command. >> reporter: they are controlled by pilots on the ground. >> i just need to click and they perform. >> reporter: a short drive away a valuable part of drone is hand crafted. high-tech cameras. >> you can see a very small ball but inside there is a very much high-tech technology including stabilization and a lot of software. >> repor
we visited the country's biggest defense manufacturer, israel defense ministries owned by the israel government and do $3.5 billion in annual sales. of that about a quarter goes to the israeli ministry of defense. they make one of israel's most valuable tools. >> we can see the position. >> reporter: the unmanned aerial vehicles are planes without pilots and here they are operated with the click of a mouse. >> sometimes you just need to get footage. and this is something that...
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defense contractors will lose. it's not just big companies, boeings and lockheeds most defense work in the united states is done by independent companies so there are small company, software companies, provides that provide do the defense industry, small businesses that will get hit. the estimate the average family will pay up to $3500 more in taxes. that's if the worst happens. bottom line, what it will do, suzanne, it will reduce gdp, economic growth, that's stuff that creates jobs and slow the economy down to we'reoo sensitive to being slowed down. >> explain now the debt ceiling plays in the talks. >> the debt ceiling will run out january, maybe early february, depending on how the treasury moves things around. last time they were able to move payments around so they didn't miss anything. that's part of this. it's not part of the fiscal cliff, but it's an area that the republicans feel very strongly about. they're use it as leverage. john boehner said as much to the president. people say the debt ceiling thing
defense contractors will lose. it's not just big companies, boeings and lockheeds most defense work in the united states is done by independent companies so there are small company, software companies, provides that provide do the defense industry, small businesses that will get hit. the estimate the average family will pay up to $3500 more in taxes. that's if the worst happens. bottom line, what it will do, suzanne, it will reduce gdp, economic growth, that's stuff that creates jobs and slow...
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it does have this new iron dome defense capability. i'm not convinced that iran actually, if it is developing a nuclear weapon, has the intention of using it against israel. but what it -- what the bigger question really is would hezbollah and neighboring -- in a country that neighbors israel use the rockets that iran provides in challenging israel if there is some confrontation over iran's controversial nuclear program. that's really the bigger question. and so iran's calculations may be changing a little bit. >> let's talk about politics, too, internal israeli politics. as we said, both sides hamas and israel declared victory. i want to read you the statement from benjamin netanyahu. he said quote we control the events, everything was very, very precise. i set goals and met them. we exacted a heavy price from them and damages their armaments. we erased years of stock piling long and medium range missiles. i said we preferred to achieve these goals without entering and that is what we did. there is an election coming up in israel. net
it does have this new iron dome defense capability. i'm not convinced that iran actually, if it is developing a nuclear weapon, has the intention of using it against israel. but what it -- what the bigger question really is would hezbollah and neighboring -- in a country that neighbors israel use the rockets that iran provides in challenging israel if there is some confrontation over iran's controversial nuclear program. that's really the bigger question. and so iran's calculations may be...
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the e-mails heavily redakted have just been released by the defense department responding to a freedom of information act washdog. a few days earlier that strike dog asked do i need any special religious ceremonial preparations. after bin laden's buried at sea, an admiral describes the scene. tradition traditional procedures for islamic burial was followed. the deceased body was washed then placed in a white sheet then a military officer read prepared religious remarks which were translated into arabic. tipped up whereupon the deceased body slid into the sea. according to e-mails, there aren't many witnesses. in response to the question, any sailors watch the burial, burial, no sailors watched. and another says only a small group of the leadership was informed. less than a dozen total. and another indication of the secrecy of that part of the mission, an e-mail from a top admiral to joint chiefs chairman michael mullen, the paucity of documentary evidence in our possession is a reflection of the emphasis placed upon operational security. later on may 2nd, the deputy commander of that f
the e-mails heavily redakted have just been released by the defense department responding to a freedom of information act washdog. a few days earlier that strike dog asked do i need any special religious ceremonial preparations. after bin laden's buried at sea, an admiral describes the scene. tradition traditional procedures for islamic burial was followed. the deceased body was washed then placed in a white sheet then a military officer read prepared religious remarks which were translated...
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the defense department recently allowed women to serve in some combat units. strongly committed to examining the expansion of roles in the u.s. military. and look at this amazing video from hawaii. lava on a volcano in hawaii is reaching the ocean. the volcano has been continuously erupting for almost 30 years. it's the first time the lava has flown into the ocean in almost a year. experts say it's very dangerous and they are warning people to stay away. boy, does it make for a beautiful sight. beautiful pictures. and i've actually -- well, you know i went to high school on the big island. i've seen that pictures time and time again. i've actually been relatively close. you really can't get too close. but it is really a sight to see, wolf. >> thanks very much, lisa. >>> mexico's new leader's here in washington to meet with president obama. but first he sat down with me for an exclusive interview today. you're going to hear his strong words over the so-called fast and furious gun smuggling operation. and the powerball jackpot reaches half a billion dollars. [ m
the defense department recently allowed women to serve in some combat units. strongly committed to examining the expansion of roles in the u.s. military. and look at this amazing video from hawaii. lava on a volcano in hawaii is reaching the ocean. the volcano has been continuously erupting for almost 30 years. it's the first time the lava has flown into the ocean in almost a year. experts say it's very dangerous and they are warning people to stay away. boy, does it make for a beautiful sight....
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the leadership there, defense minister ehud barack. is he now quitting. he says he is going to spend more time with his family. his resignation will take effect in january. that's where fred is following the story from jerusalem. first of all, fred, it's kind of funny to hear him say that because everybody it is that, want to spend more time with the family. is there a back story to this, or is that the real deal? >> reporter: is terminal seems as though there is one. it is definitely a shocker here in israel. of course, ehud barack has been part of public life here for decades. he was the prime minister and now for the past seven and a half years was the defense minister. a very prominent person. also, of course, a big military figure here in this country. he says for his part that it is, as you say, for personal reasons. he wants to spend more time with his family. especially his grandchildren. there are many people here in this country who believe that it is, indeed, for political reasons. he is currently really riding a high in public opinion polls af
the leadership there, defense minister ehud barack. is he now quitting. he says he is going to spend more time with his family. his resignation will take effect in january. that's where fred is following the story from jerusalem. first of all, fred, it's kind of funny to hear him say that because everybody it is that, want to spend more time with the family. is there a back story to this, or is that the real deal? >> reporter: is terminal seems as though there is one. it is definitely a...
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Nov 23, 2012
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. >> and they lost their key defense chief as well. there was another major player over the last few days. that's been egypt and mohamed morsi. he's largely credited by the u.s. for helping the cease-fire deal happen. but he did something extraordinary overnight, which he gave himself some new administrative powers, essentially makes all of this rulings over the last five months and going forward immune from any kind of legal challenges. some people are saying this is just the next step in becoming more of a dictator here. was he taking advantage of the situation? >> well, we'll have to watch this closely. it appears, you know, the timing is curious. he's gotten the support and this pump, particularly for this role in mediating the cease-fire from the united states, and from others. he's really seen as emerging stronger from this. but this is an issue that goes back to whether the judiciary in egypt was appointed by mubarak and a check on the executive branch. and what he said is this is a temporary, until they have a constitution, a t
. >> and they lost their key defense chief as well. there was another major player over the last few days. that's been egypt and mohamed morsi. he's largely credited by the u.s. for helping the cease-fire deal happen. but he did something extraordinary overnight, which he gave himself some new administrative powers, essentially makes all of this rulings over the last five months and going forward immune from any kind of legal challenges. some people are saying this is just the next step...
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it would have a combination of t defense cuts, expiration of the pay roll tax holiday, and cuts in unemployment benefits. all those things are considered. joining us now is alex. it's good to see you. >> good to see you, fredricka. >> before we get to that fiscal cliff, let's talk about one of the things they talk about, whether it's raising taxes, revenue, however you want to define it. republican senator saxby chandless of georgia broke ranks with grover norquist and his anti-tax pledge. he signed the pledge after he first ran in 2008. but here's what he told our cnn affiliate in macon, georgia, about his commitment thus far to that pledge. >> times have changed significantly, i care more about the country than i do about a 20-year-old pledge. i think we owe the debt and we got to figure out a way to pay it. >> and of course, that pledge creator, grover norquist, fired back on cnn "the situation room" just yesterday. >> the commitment he made to the people of georgia was not to me. it was a written commitment to the people of georgia that he would go to washington to reduce government spendin
it would have a combination of t defense cuts, expiration of the pay roll tax holiday, and cuts in unemployment benefits. all those things are considered. joining us now is alex. it's good to see you. >> good to see you, fredricka. >> before we get to that fiscal cliff, let's talk about one of the things they talk about, whether it's raising taxes, revenue, however you want to define it. republican senator saxby chandless of georgia broke ranks with grover norquist and his anti-tax...
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there was also some defense delay in this case, as well, which is not attributable to the government. so both sides are going to argue whether or not the delay was -- was a very long delay, was a delay that he should get credit for. there's no doubt in my opinion that he will get some pretrial credit. i don't believe that he's going to be let go free and the charges dismissed. >> greg rinckey, thank you very much. >> my pleasure. >>> also happening this hour, the southern poverty law center holding a conference in new york to discuss a lawsuit against a conversion therapy provider. conversion therapy as you may know is a controversial practice that tries to change a person's sexual orientation from gay to straight. coming up later is hour, we'll talk with the splc's attorney about the first of a kind lawsuit. >>> also, we're keeping a close eye on things in cairo, egypt. protesters have blocking to tahrir square to rage against egypt's president. earlier this morning, police fired teargas to disperse demonstrator. many egyptians say muhammad morse betrayed the democratic action of the
there was also some defense delay in this case, as well, which is not attributable to the government. so both sides are going to argue whether or not the delay was -- was a very long delay, was a delay that he should get credit for. there's no doubt in my opinion that he will get some pretrial credit. i don't believe that he's going to be let go free and the charges dismissed. >> greg rinckey, thank you very much. >> my pleasure. >>> also happening this hour, the southern...
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and i think at the end of the day, if you look at his defense of her, this defense of her sends an unspeakable message to the country and the rest of the world she would be instrumental in formulating foreign policy. >> she would have the president's ear. she was an assistant secretary of state for african affairs during the clinton administration. and traveling through africa with her at the time former road scholar. obviously she's got a lot of experience. >> certainly has a lot of experience. >> and done a good job at the united nations over the past few years as well. we'll see what the president decides to do. the ball is clearly in his court. thank you, elise. >>> three weeks after his election loss, mitt romney will be in the white house tomorrow for lunch with the president of the united states. will he bring ideas for avoiding the fiscal cliff? and more than half a billion dollars up for grabs in the power ball lottery. i'll talk to the man who actually draws the winning numbers. he could make you very rich. g s! make a wish! i wish we could lie here forever. i wish this test drive wa
and i think at the end of the day, if you look at his defense of her, this defense of her sends an unspeakable message to the country and the rest of the world she would be instrumental in formulating foreign policy. >> she would have the president's ear. she was an assistant secretary of state for african affairs during the clinton administration. and traveling through africa with her at the time former road scholar. obviously she's got a lot of experience. >> certainly has a lot...
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turkey has asked for and been granted a nato patriot air defense missiles. they're clearly worried about rockets and missiles coming into turkey from syria from the regime of bashar al assad. how worried should turkey be about engaging with syria in an actual war? >> wolf, the turks are very worried. and the turks are very disappointed. i've spent a fair amount of time in turkey this last year or so. they're very disappointed in washington's abdication. they feel that washington has left them holding the bag. the prime minister has always felt that he had kind of an inside relationship with president obama. but now the turks are left where they are. they are left with this running, shooting campaigns with the syrians. they're left with well over perhaps 120,000, 130,000 syrian refugees and they feel they have been left alone. the patriot missiles are the least we can do for them. >> thank you. >> thank you, wolf. >>> could air travel cost you more if the country goes over that so-called fiscal cliff? up next, the doomsday scenario some experts are now painti
turkey has asked for and been granted a nato patriot air defense missiles. they're clearly worried about rockets and missiles coming into turkey from syria from the regime of bashar al assad. how worried should turkey be about engaging with syria in an actual war? >> wolf, the turks are very worried. and the turks are very disappointed. i've spent a fair amount of time in turkey this last year or so. they're very disappointed in washington's abdication. they feel that washington has left...
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in other words, israel's whole military operation here was purely defensive. if they hadn't had been shooting at us, we wouldn't have had to call up our reserves and hit at gaza. we will be very happy if we can have a status quo, if the situation can be quiet, and if the civilians on both sides of the frontier will enjoy a period of unprecedented peace and quiet. >> if all does remain quiet, we're hours from that second round of negotiation, really on the most contentious issue, those very tight border crossings in gaza under this 7-year-old now embargo. what makes this time, what makes this round of negotiations any different that before? >> you know, any where over the last two, three years, israel has been relaxing restrictions. we'll continue to that process and now talk to the egyptians about that. but israel imposed restrictions for a reason. you had this hostile fire into israel. they were shooting rockets into our cities and trying to kill our people. is it really fair to expect that you would have normal trading relations -- >> but if that does stop,
in other words, israel's whole military operation here was purely defensive. if they hadn't had been shooting at us, we wouldn't have had to call up our reserves and hit at gaza. we will be very happy if we can have a status quo, if the situation can be quiet, and if the civilians on both sides of the frontier will enjoy a period of unprecedented peace and quiet. >> if all does remain quiet, we're hours from that second round of negotiation, really on the most contentious issue, those...
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but you can't do that until you talk about how you're going to fund a defense and not increase revenue. with the cliff that we're faced with, we're talking about maybe a 50% reduction in the defense department, and so, you have to talk about how you're going to pay for all of this. >>, and lastly, it was so interesting, we're talking about fiscal cliff. we're talking about an avalanche. we're talking about an austerity problem. this is very strong language, very scary words. >> yes. >> the american public is not going to accept anything short of some sort of a compromise. are those words sort of floated out there something to manage expectations, possibly? >> well, you know, the press has basically coined the fiscal cliff and promoted the idea of this catastrophic position that the congress finds itself in. i think that what the public is looking for is they're looking for reasonable, sensible legislators to talk about what is possible. they're looking for both sides to be willing to compromise. but one thing we know for sure, the president has a mandate. the people have spoken, and th
but you can't do that until you talk about how you're going to fund a defense and not increase revenue. with the cliff that we're faced with, we're talking about maybe a 50% reduction in the defense department, and so, you have to talk about how you're going to pay for all of this. >>, and lastly, it was so interesting, we're talking about fiscal cliff. we're talking about an avalanche. we're talking about an austerity problem. this is very strong language, very scary words. >> yes....
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they spent the last 14 days of the election on the defense. day after day they had to answer for that. it put them on the defense for a long time because it was not true. >> the flip side of that, you put the events back in spring, defining him. a lot of regret among republicans about how early you define him. the kind of campaign -- why was that a brilliant insight? >> at the time it was risky because of super pacs. we were going to spend a majority of our money in the summer and not of the fall. we were going to get out spend because we believed that late tv did not matter as much. it turns out we were right. >> based on what you know about the nation's mood and geography, everything you learned, what republican candidate would have had the best shot? >> that is a good question. we were honest about our concerns about jon huntsman. i think he would have been a tough general election candidate. as someone who helped manage his confirmation, he is a good guy. we looked at his profile and thought he would have been difficult. >> and you thought
they spent the last 14 days of the election on the defense. day after day they had to answer for that. it put them on the defense for a long time because it was not true. >> the flip side of that, you put the events back in spring, defining him. a lot of regret among republicans about how early you define him. the kind of campaign -- why was that a brilliant insight? >> at the time it was risky because of super pacs. we were going to spend a majority of our money in the summer and...
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Nov 21, 2012
11/12
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the defense department is a big bureaucracy. we have about 3 million people, and they are very dedicated people. they are very dedicated professionals, but often the ability to focus on a problem and be able to deal with it suddenly requires we have got to change direction and understand who they are dealing with something that is a serious threat, and that is the way i feel about the mental health problems that are impacting our forces. part of this is the impact over 10 years of war and the stress that is involved in the clement after deployment -- involved in the employment after deployment. part of it reflects the stress in society in general. in many ways when you look at our suicide rate, if you look at the general society, there is an increase in suicide rates as well, part of its due to family stress, part of it due to drinking, part of it due to drugs, part of it due to financial stress, and there are a whole series of issues that play a role in creating this kind of pressure. given the fact is when it comes to mental h
the defense department is a big bureaucracy. we have about 3 million people, and they are very dedicated people. they are very dedicated professionals, but often the ability to focus on a problem and be able to deal with it suddenly requires we have got to change direction and understand who they are dealing with something that is a serious threat, and that is the way i feel about the mental health problems that are impacting our forces. part of this is the impact over 10 years of war and the...
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Nov 29, 2012
11/12
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the defense department has to be there. we have been very specific about reforming the entitlement programs and making the real cuts. not cuts for things dick durbin would say. there are things he hated worse than the devil. we were candid about the tax code. at the end of every time we talk, without exception, we get a standing ovation. they are desperate for somebody to tell them the truth. that and other things other people have done are beginning to have a real effect. the politicians who think they can get away with ducking the issue or taking a pass. >> follow up on your one-third comment. can you elaborate [indiscernible] the negotiations, the amount of deviation from party lines, why are you saying that? can you react to the white house this week [indiscernible] we do not look at that. >> yes, sure. >> ive us the political dynamic of where we are now. and why some symbols and novels simpson? >> i will take the latter first.the acronym for that is not appropriate. let me tell you, this ceo council and others raising
the defense department has to be there. we have been very specific about reforming the entitlement programs and making the real cuts. not cuts for things dick durbin would say. there are things he hated worse than the devil. we were candid about the tax code. at the end of every time we talk, without exception, we get a standing ovation. they are desperate for somebody to tell them the truth. that and other things other people have done are beginning to have a real effect. the politicians who...
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Nov 27, 2012
11/12
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the parma of defense fund. has gone up 64%. the cost of mandatory programs, after adjusting for population growth, up 30%. revenues as a government down 13%. spending up in the categories mentioned. we have already passed a major down payment when it comes to deficit reduction. the budget control act. $1.50 trillion in savings over the next 10 years, but i want to call your attention to one aspect which progressives need to remind people. of the $1.50 trillion already in spending cuts, $900 billion it comes from non-defense spending. we have given far more towards deficit reduction than we have seen on the defense side. that is a big to keep in mind as we talk about spending cuts in the future. let's talk about those for a minute. as i mentioned earlier, the budget control act, and sequestrations', would result in dramatic cuts in spending. we have heard a lot of talk about the impact that this will have on our national defense. there's not anyone left, right, or center, a west compromise america's national defense, but spendin
the parma of defense fund. has gone up 64%. the cost of mandatory programs, after adjusting for population growth, up 30%. revenues as a government down 13%. spending up in the categories mentioned. we have already passed a major down payment when it comes to deficit reduction. the budget control act. $1.50 trillion in savings over the next 10 years, but i want to call your attention to one aspect which progressives need to remind people. of the $1.50 trillion already in spending cuts, $900...
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Nov 21, 2012
11/12
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host: that was a big part of the priorities for the 21st century defense. exactly guest:, what we're not hearing about is a pivot toward better relations with asia which includes diplomacy at the top of the list. host: that includes the president's trip this week. >> guest: that was included i think there were problems because on the u.s. side, it is still based on pivoting our military towards asia and away from the middle east which we are certainly not doing in practice. we talk about but we're not talking enough about re-working relations with countries. is far and we're not talking about the possibility of opening relations with burma who has been facing mass of sanctions for many years because of a repressive regime but there are governments that are terribly repress of all round the world. the u.s. has never had a good way of engaging with people in those countries that are facing those kinds of governments. we tend to send the marines. when we talk about pivoting towards asia, it usually puts too much emphasis on pivoting our troop deployments. i th
host: that was a big part of the priorities for the 21st century defense. exactly guest:, what we're not hearing about is a pivot toward better relations with asia which includes diplomacy at the top of the list. host: that includes the president's trip this week. >> guest: that was included i think there were problems because on the u.s. side, it is still based on pivoting our military towards asia and away from the middle east which we are certainly not doing in practice. we talk about...
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Nov 22, 2012
11/12
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they know if they sue, the defense will be and have nothing to do with her being a woman. she just didn't perform as well as the men. when she got a good performance ratings and that is one the top performers, that defense is no longer available. employers do not give out salary figures. so how would she even know? her view was that every time she got a pay check in which her severed reflected discrimination every month, the discrimination is renewed. so she would have 180 days from each paycheck to begin her lawsuit. the experience that lilly ledbetter had is something that is common to women of her generation or my generation and yet the court interpreted 180 days from the first incident of discrimination. she did not sue then, too bad. my dissent said she wrote a law that thou shall not discriminate based on sex. surely this case should be covered. my colleagues give a parsimonious reading to this law. my statement ended, "the ball is now in congress' court to correct what i see as a misperception by my colleagues of the will." inside of two years, the lilly ledbetter a
they know if they sue, the defense will be and have nothing to do with her being a woman. she just didn't perform as well as the men. when she got a good performance ratings and that is one the top performers, that defense is no longer available. employers do not give out salary figures. so how would she even know? her view was that every time she got a pay check in which her severed reflected discrimination every month, the discrimination is renewed. so she would have 180 days from each...
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Nov 28, 2012
11/12
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certain problems with the defense bill? not do you want this veteran to die? in the case that i cited in which i was the subject of that ad, the issue was embreeon exstem cell research. embryonic stem cell research. not the question of what is the ethical thing to do in a very difficult circumstance. former president george w. bush had a speech in which he addressed whether you would have lines of stem cell research allowed that originated from embryos. the question of when life begins, is that an individual? is it a potential individual? is it an individual who hasy right -- has any rights? none of that talked about in the ad. the question of local core blood stem cells, of which i have been privileged to be a leader with steve smith in new jersey, having a press conference with dr. j. because we found that using blood cord stem cells had been applied to some people with success, including, i believe, some in this nation who suffer from sickle cell anemia. forgetting totally about adult stem cell the -- stem cells, the wee
certain problems with the defense bill? not do you want this veteran to die? in the case that i cited in which i was the subject of that ad, the issue was embreeon exstem cell research. embryonic stem cell research. not the question of what is the ethical thing to do in a very difficult circumstance. former president george w. bush had a speech in which he addressed whether you would have lines of stem cell research allowed that originated from embryos. the question of when life begins, is that...
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Nov 22, 2012
11/12
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looking at the entire federal budget, national defense, non- defense spending, medicare, medicaid, social security, net interest. then this sliver of red is where the bureau of indian affairs and the bureau of health services fits -- 0.12% of the budget, .0 7% of the budget. 5.2 million people in the united states, 1.7% of the population. 32% of that age group -- of that population is under the age of 18. the highest per for some states, when it comes to an indian population -- alaska, oklahoma, new mexico, south dakota, and montana. along with that, there is the issue of the highest population states, and that is california, oklahoma, arizona, new mexico, and texas. i have a map of the indian reservations in the continental united states, and this might be a little more clear here. the indian lands in the united states still out west is the majority. we were also looking at some health stats for indian americans, or native americans. tuberculosis, diabetes, alcoholism. the rates are hugely -- 500% in some cases -- higher than the whole population. why is that? >> suicide. you talked abou
looking at the entire federal budget, national defense, non- defense spending, medicare, medicaid, social security, net interest. then this sliver of red is where the bureau of indian affairs and the bureau of health services fits -- 0.12% of the budget, .0 7% of the budget. 5.2 million people in the united states, 1.7% of the population. 32% of that age group -- of that population is under the age of 18. the highest per for some states, when it comes to an indian population -- alaska,...